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Uranium juniors Fission, Alpha Minerals agree to merge

Sep. 03, 2013 5:32 PM ETFission Uranium Corp. (FCUUF) Stock, FCU:CA StockCCJ, ARVCF, ESOFF, FCUUFBy: Carl Surran, SA News Editor
  • Fission Uranium (OTCQX:FCUUF) agrees to acquire Alpha Minerals (OTCPK:ESOFF) for $185M in stock, attempting to create a potential takeover target that could appeal to a larger producer such as Cameco (NYSE:CCJ) or Areva (OTCPK:ARVCF).
  • The junior miners have been releasing impressive drilling results from their Patterson Lake South project in Saskatchewan's Athabasca Basin.

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